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Question 5 of 7 -/1 View Policies Current Attempt in Progress Bombay Inc. bought new computers on January 1 for $18,000 to improve the quality

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Question 5 of 7 -/1 View Policies Current Attempt in Progress Bombay Inc. bought new computers on January 1 for $18,000 to improve the quality of their animation. The computers have a useful life of 8 years but Bombay Inc. thinks that continuing technological developments will likely mean they will replace the computers after 4 years at which time they will be worth $2,000. If they use straight-line depreciation, the depreciation expense for the first year will be O $2.000 O $2,250. O $4,000 O $4,500

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